Austin Wealth Management LLC raised its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 30.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,351 shares of the exchange traded fund’s stock after acquiring an additional 2,165 shares during the quarter. Austin Wealth Management LLC’s holdings in SPDR Gold Shares were worth $3,528,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of GLD. Laurel Wealth Advisors LLC grew its stake in SPDR Gold Shares by 31,232.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after buying an additional 2,913,079 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 3.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock valued at $434,701,000 after buying an additional 35,619 shares during the period. Corient Private Wealth LLC increased its holdings in shares of SPDR Gold Shares by 108.1% in the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after purchasing an additional 559,507 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in SPDR Gold Shares by 15.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 854,436 shares of the exchange traded fund’s stock valued at $260,458,000 after purchasing an additional 114,028 shares in the last quarter. Finally, State Street Corp boosted its position in shares of SPDR Gold Shares by 5.9% in the 2nd quarter. State Street Corp now owns 854,101 shares of the exchange traded fund’s stock worth $260,356,000 after buying an additional 47,264 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
Key SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Technical bullish signals are emerging for gold: prices rebounded from a key Fibonacci retracement, reclaimed the 20‑day moving average and formed daily/weekly reversal patterns, which supports momentum-based buying into GLD. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
- Positive Sentiment: World Gold Council / Kitco reporting shows ETF investors didn’t abandon holdings after recent steep moves, suggesting structural investor demand for GLD remains intact. That supports flows back into the ETF when gold rebounds. Gold’s precipitous price drop didn’t spook ETF investors – World Gold Council
- Positive Sentiment: Macro drivers: lower U.S. yields and renewed safe‑haven flows have helped gold catch bids, supporting near‑term upside for GLD though dollar strength remains a cap. Gold News: Gold Catches a Bid on Lower Yields While Dollar Pressure Stalls Rally
- Positive Sentiment: High-profile bullish price forecasts (e.g., CIBC projecting much higher long‑run averages) and investment commentary (Bridgewater/Ray Dalio noting monetary uncertainty) are bolstering the narrative that gold—and by extension GLD—remains a strategic hedge. CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
- Neutral Sentiment: Product choice and fees matter for long-term flows: commentary comparing GLD (larger AUM, holding more bullion) with lower‑cost alternatives like IAU may influence allocation decisions between ETFs rather than the overall gold exposure. GLD Holds More Gold While IAU Is More Affordable
- Negative Sentiment: Volatility and profit‑taking remain elevated: recent bearish reversals, silver-driven pressure, and margin‑call dynamics have forced sharp intra‑week moves that can trigger short‑term GLD outflows and higher intraday swings. Gold (XAU/USD) Price Forecast: Uncertainty Rises After Bearish Reversal
- Negative Sentiment: Spillovers from other markets (crypto selloffs) and sharp silver de‑leveraging episodes have pressured gold at times, increasing downside risk for GLD during risk‑off liquidations. Gold Falls on Spillover Impact From Cryptocurrencies’ Selloff
- Negative Sentiment: Analyses warning that the prior retail‑driven rally left GLD vulnerable to sharp reversals (a “mousetrap” narrative) may dampen speculative inflows and increase sensitivity to Fed and policy headlines. Why GLD’s 74% Rally Turned Into a Mousetrap and What the Fed Chair Pick Means Now
SPDR Gold Shares Stock Performance
SPDR Gold Shares Profile
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
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